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Published on 11/28/2006 in the Prospect News High Yield Daily.

UAP Holding repurchases remaining 10¾% notes

By Jennifer Chiou

New York, Nov. 28 - UAP Holding Corp. bought back in the market its remaining $1.945 million of 10¾% senior discount notes due 2012 following the June 1 completion of its tender offer, according to an 8-K filing with the Securities and Exchange Commission.

The company added that all of the notes have been canceled.

On June 1, the company said it bought $123.055 million or 98.4% of the 10¾% notes in the tender offer.

The company paid $965.26 per $1,000 principal amount of notes, including a $20.00 consent payment.

UAP is a Greeley, Colo.-based maker of seeds and fertilizer.


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